My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Three-Option Decision Framework
Decision-making system where one person presents three acceptable options and the other person chooses, ensuring both parties are satisfied with any outcome
Decision Rule
The option presenter must genuinely accept all three choices; the final decision maker picks from the curated set
How It Works
Eliminates decision paralysis, ensures presenter does filtering work upfront, gives final decision maker agency while constraining choices to acceptable ones
Failure Modes
Presenter gaming the system by making two options obviously bad
Decision maker rejecting all options and demanding new ones
Using for decisions where unlimited options should be considered
Example Decision
“Choosing baby names by having one spouse present three names they like with research on each, other spouse makes final selection”
Related Knowledge
Investment Framework for Life Decisions
Applying stock analysis methodology (buy, sell, hold) to major life decisions by creating formal presentations with pros
Three Market Evolution Stages
Framework showing how markets evolve through clueless, curious, and saturated stages, requiring different marketing appr
Savage Scaling Framework
A rapid content/product scaling approach that prioritizes volume and speed over perfection to dominate a market category
Algebra of Wealth Formula
A mathematical representation of wealth building: Focus × Stoicism × Time × Diversification = Wealth
Technology Wave Pattern
A framework for identifying and categorizing major technological shifts that create trillion-dollar opportunities approx
Build strong professional relationships through consistent value-add interactions rather than self-promotion
Strong network of people who proactively help you and consider you a valuable connection